E-Commerce Giant Alibaba Sells Intime Luxury Store Chain At Big LossBy Press Room17 December 2024 Alibaba Group Holding is selling its stake in Chinese department store chain Intime for 7.4 billion yuan ($1 billion) as…
Alibaba shares jump after founder Jack Ma says the company is successfully fixing the ‘diseases of a big company’By Press Room10 April 2024 Alibaba founder Jack Ma is giving his e-commerce company and its executives some much-needed praise. Just over a year ago,…
Alibaba gains $13 billion in value after billionaire co-founders Jack Ma and Joe Tsai give ‘show of confidence’ by buying $200 million worth of sharesBy Press Room24 January 2024 Alibaba, the beleaguered Chinese e-commerce giant, is getting a boost from its billionaire co-founders. The tech giant is facing consumption…